How does the new OECD convention on bribery stack up against the foreign corrupt practices act?

Article Abstract:

The new Bribery Convention from the Organization for Economic Cooperation and Development (OECD) defines bribery as a deliberate offering of money or other benefit to a foreign public official to obtain or retain business or other improper advantage in the conduct of international business. Although some differences are evident, the new Bribery Convention and the Foreign Corrupt Practices Act of 1997 (FCPA) parallel each other on many varied issues. While the FCPA also imposes criminal and civil penalties for the corrupt giving or offering to foreign public officials, the Bribery Convention restricts on a more liberal approach.

International Affairs, Trade Regulations NEC, Organization for Econ Co-op & Dev, Corporate Foreign Bribery, Analysis, Organization for Economic Cooperation and Development, Corporate corruption

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Internationalizing prohibitions on foreign corrupt practices

Article Abstract:

The passage of the Inter-American Convention Against Corruption and the Revised Recommendation on Combating Bribery in International Business signifies the growing awareness of the international community towards the threat of corruption. The two policies are directed towards eliminating the growing problem of corruption in international business through establishment of international standards of conduct. The proponents of the two policies are the Organization for Economic Co-operation and Development (OECD) and the Organization of American States (OAS).

Intnl Economic Policy, Bribery, Economic aspects, International economic relations

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Labeling of genetically modified foods: the limits of GATT rules

Article Abstract:

Issues concerning the labeling requirements for genetically modified food within the General Agreement on Tariffs and Trade are discussed.

International trade, Labeling, Genetically modified plants

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